EBAY INC Reports 4.9% Increase in Revenue for Q2 of Fiscal Year 2023
August 29, 2023
☀️Earnings Overview
EBAY INC ($NASDAQ:EBAY) announced its Q2 fiscal year 2023 earnings results on June 30, 2023, with total revenue of $2540.0 million, up 4.9% from the prior year. Net income was reported at $171.0 million, a 132.2% increase compared to the same period in the previous year.
Analysis
GoodWhale has conducted an analysis of EBAY INC‘s fundamentals, and determined that they are a medium risk investment. This conclusion was based on a Risk Rating system that takes into account various financial and business aspects. In addition, GoodWhale has identified three risk warnings in the income sheet, balance sheet, and financial journal. For those interested in further researching this information, they must register with GoodWhale. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ebay Inc. More…
| Total Revenues | Net Income | Net Margin |
| 9.94k | 1.34k | 15.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ebay Inc. More…
| Operations | Investing | Financing |
| 2.85k | -879 | -1.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ebay Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 19.96k | 14.69k | 10.07 |
Key Ratios Snapshot
Some of the financial key ratios for Ebay Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.9% | -5.5% | 20.0% |
| FCF Margin | ROE | ROA |
| 23.7% | 23.1% | 6.2% |
Peers
eBay Inc is an online marketplace company that operates in countries around the world. Its main marketplaces are eBay.com, a marketplace for used and new goods, and eBay Classifieds Group, a marketplace for classified ads. The company also owns PayPal, a payment processor. eBay’s main competitors are Etsy Inc, Just Eat Takeaway.com NV, and Global E Online Ltd. Etsy is an online marketplace focused on handmade and vintage items. Just Eat Takeaway.com NV is an online food ordering and delivery company. Global E Online Ltd is an online retailer that sells electronics and other goods.
– Etsy Inc ($NASDAQ:ETSY)
Etsy’s market cap and ROE are both quite impressive. The company is an online marketplace for handmade and vintage items. They have a wide variety of items available for purchase, and their community of sellers is very active. Etsy is a great platform for people who are looking for unique items that are not available in mass-produced stores.
– Just Eat Takeaway.com NV ($OTCPK:JTKWY)
Just Eat Takeaway.com NV is a market leader in online food delivery. It has a strong market position in Europe and is rapidly expanding its operations in the Americas. The company has a market cap of 3.73B as of 2022 and a Return on Equity of -21.97%. Just Eat Takeaway.com NV is a well-positioned company with a strong market position and a clear growth strategy.
– Global E Online Ltd ($NASDAQ:GLBE)
Global E Online Ltd is a provider of online marketplaces. The company operates in the business-to-business, business-to-consumer, and consumer-to-consumer markets. It has a market cap of 3.96B as of 2022 and a Return on Equity of -10.15%. The company offers a variety of products and services, including online marketplaces, e-commerce platforms, and digital marketing solutions. It also provides a range of value-added services, such as customer support, fulfillment, and logistics.
Summary
EBAY INC reported a strong quarter for Q2 of the fiscal year 2023, with total revenue of $2540.0 million and net income of $171.0 million. This was a 4.9% increase in revenue and a 132.2% increase in net income, compared to the same period in the previous year. The company’s strong results are an encouraging sign for investors, as it stands to benefit from increased customer demand for its products and services.
The company’s sound financial standing is further indication of its long-term stability and growth potential. With this in mind, EBAY INC appears to be an attractive investment opportunity for investors looking to capitalize on its future success.
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